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40480 Carrigan Road

Murrieta, CA 92562
  • $3,799,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: OC25035343
UPDATED: 15 min ago
$3,799,000
  • 0
    BEDS
  • 4.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Listing Agent(s): Ed Farnaghi of Coldwell Banker Realty (949-837-5700)


Description

GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new. Subject is MIXED USE and has Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-180-011 for $2,000,000 & 949-180-012 for $1,799,000. Each parcel can be purchased separately or together. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned mixed use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-12T23:29:09.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/160825160
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40480 Carrigan Road Murrieta, CA 92562

  • Price: $3,799,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 15 min ago
  • MLS #: OC25035343
0
Beds
0
Baths
0
½ Baths
4.76
Acres
1979
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new. Subject is MIXED USE and has Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-180-011 for $2,000,000 & 949-180-012 for $1,799,000. Each parcel can be purchased separately or together. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned mixed use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
Exterior Features

Carport Spaces 10 Carport YN Yes Construction Materials DrywallMetal Siding Entry Level 1 Lot Features 2-5 Units/Acre31-35 Units/AcreCorner LotSloped DownGentle SlopingIrregular LotLot Over 40000 SqftValue In LandRolling Slope Open Parking Spaces 4 Parking Total 14 Roof ClayComposition Sign On Property YN Yes Topography Rolling

Interior Features

Building Features Phone SystemTV System Heating Central Heating YN Yes

Property Features

Additional Parcels YN Yes Common Interest None Electric Electricity - On Property Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupLaundry Closet Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 ExchangeOwner May Carry Number Of Units Leased 1 Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedPropanePhone ConnectedSee Remarks Water Source PrivateWell Zoning Mixed Useoffic commercia



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-12T23:29:09.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Ed Farnaghi of Coldwell Banker Realty (949-837-5700)